Judge Slashes Apple's Award in Samsung Case

3/1/2013 7:12PM

A federal judge threw out more than 40% of the $1 billion verdict in Apple's patent case against Samsung, ordering a new trial to consider the proper amount owed to Apple. WSJ's Ian Sherr reports. (Photo: Getty Images)

This transcript has been automatically generated and may not be 100% accurate.

I ... he maintained a judge in California reduces the damage is Apple's to get its lawsuit against Samsung ... I mean sure for The Wall Street Journal I'm here to talk about the latest correspondence ... its ... one billion dollars is now five or ninety eight point nine million ... that's what a judge said in a court filing on Friday ... where she said that essentially the amount of money that they calculated by a jury in the trial back in August ... had been a ... kind of incorrectly figured out ... so now this to be a new trial to figure out ... how much money as can be awarded to Apple for these phones that Samsung has infringe the patents for ... legal experts say that this could be the latest moving toward a settlement between the two companies ... both of them now can basically claimed victory Apple ... for the initial loss of a one over billion dollars ... and Samsung now has ... successfully reduce some of the charges ... I am there is a much more to gain from this at least claim to some legal experts this is the latest twist is well and the larger patents losses of going on around the world between all the smartphone players we've got Apple Samsung ... beat that Motorola we got Micra soft all the fighting over everything from the way that this screen bounces around ... to do with the word Appstore ... and so now this filing is going to surely least the possibility of ... heading toward a summit or potentially a lot more losses ...